well, people know bitcoin now, you can't expect spikes like that in a very short time anymore. traders are a bit wiser as well. they are slowly buying up coins instead of buying a huge load of coins at once causing the price to go up.

I am thinking that we are in a new era of Bitcoin. Can it stay like this for years?

I also think that we will be in a $200-400 range for quite a while, which is not bad, stability is what we need. The only way we will leave permanently this range in the next 4-6 months in my opinion is if we get some extraordinary or devastating news.

Sure it can stay like this. If you want a bubble buy a altcoin. Bubbles for bitcoin are over. Everybody knows about it now and there is liquidity in the market. Real demand just isn't there yet. Most people accumulating now are buying for the future. I wouldn't expect to see any action until a couple months before the halving and the big miners start hoarding their coins.

Sure it can stay like this. If you want a bubble buy a altcoin. Bubbles for bitcoin are over. Everybody knows about it now and there is liquidity in the market. Real demand just isn't there yet. Most people accumulating now are buying for the future. I wouldn't expect to see any action until a couple months before the halving and the big miners start hoarding their coins.

Lol there will be quite a few more bubbles chief. And if you think our $4 billion market cap constitutes liquidity then, well, I don't know what to tell you.

I am thinking that we are in a new era of Bitcoin. Can it stay like this for years?

The bitcoin price is stabilizing at the moment but I don't think that we will see another price bubble any time soon. Once the usage of bitcoin rises, the price will rise since the bitcoin amount is limited. The bitcoin price prediction is a mixture of time,adoption and price/demand concept.

When the new breed of Bitcoiner who got burned buying at the top and then tried to get rich with altcoins realizes how useless altcoins really are, a lot of money will come flooding back to Bitcoin. My guess is that the market landscape will look very different in another 12 months.

When the new breed of Bitcoiner who got burned buying at the top and then tried to get rich with altcoins realizes how useless altcoins really are, a lot of money will come flooding back to Bitcoin. My guess is that the market landscape will look very different in another 12 months.

Market is bound to change, it might even change completely by the next year. Bitcoin was created to be an alternative, not a replacement to fiat. And now all these altcoin who are trying to be a replacement for bitcoin will fail similarly, because bitcoin is more about better use than dominating as a currency which is what the altcoins score to be.

When the new breed of Bitcoiner who got burned buying at the top and then tried to get rich with altcoins realizes how useless altcoins really are, a lot of money will come flooding back to Bitcoin. My guess is that the market landscape will look very different in another 12 months.

Well there are always exceptions among that giant list of altcoins but your right for the most part most were all crap, but at the least Bitcoin still acts as a gateway to access the altcoin market and with most of the losers returning to hang out in Bitcoin again later.Things here change on a month to month basis a years time will make a lot of patterns we are seeing now a lot clearer.

When the new breed of Bitcoiner who got burned buying at the top and then tried to get rich with altcoins realizes how useless altcoins really are, a lot of money will come flooding back to Bitcoin. My guess is that the market landscape will look very different in another 12 months.

The early investment of the investors paid off them in late 2013 when Bitcoin reached around $1500

So why take risk to reinvest in it for creating a new bubble?

I don't think early Bitcoiners are back into Bitcoin at all, which is why we will stagnate for a while yet while we wait for a new generation of speculators to get on board. Increasing usage is a meaningless goal, it is all about speculators, period.

Ultimately, i think we will go lower because bitcoin has to appear like a reasonable risk to a lot more people before we have enough buying pressure to move up in a meaningful way. $250 is just still too expensive.

Those who hold and those who are without property have ever formed distinct interests in society